Tag: Funding
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Elon Musk’s xAI Secures $6 Billion in Series B Funding
Elon Musk’s artificial intelligence company, xAI, has successfully completed a Series B funding round, raising $6 billion from prominent investors including Valor Equity Partners, Vy Capital, Andreessen Horowitz, and Sequoia Capital. The investment signals a milestone in the company’s mission to develop advanced AI systems that prioritize truthfulness, competence, and human benefit. The newly acquired…